Shanghai Composite Index Closes Modestly Lower on Thursday
Liao Shumin
/SOURCE : Yicai
Shanghai Composite Index Closes Modestly Lower on Thursday

(Yicai Global) Aug. 31 -- China's stock market indices closed steady on Thursday. The benchmark Shanghai Composite Index dropped in the morning but reversed the trend in the afternoon, closing at 3,360,81 points, down only 0.08 points.

The Shenzhen Component Index closed slightly higher, up 0.03 percent at 10,816.64 points.

The Growth Enterprise Index rose 0.58 percent to 1,849.38 points.

In the afternoon trading, the new and sub-new stocks continued to rise, while the stocks of instruments and measuring manufacturing performed well. The bank shares that fell in early trade also picked up.

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Keywords: Stock Market , Shanghai Composite Index , Shenzhen Component , Growth Enterprise , Steel Manufacturing , Coal Mining